and I was told every time TSLA like tries to dillute their stock still even bumps up a small %

Of course you do. But your stock isn't supposed to spike 5% when you have more than enough cash but raise anyway, signalling to the world you know it is overvalued.

Basically the market today said that diluting to raise $2B in cash is worth at least $7B to Tesla, and that's assuming all the other bad news in the 10K filing was priced in.

Literally makes no sense unless the market was expecting much bigger disasters in the 10K.

2 weeks ago:

Elon Musk -- Fake-Founder and Chief Executive Officer

Well, we're actually spending money as quickly as we can spend it sensibly. So if there's any sensible way to spend money, we're spending it. There is no artificial hold back on expenditures. Anything that I see that is what looks like it's got good value for money, the answer is yes immediately. But we're spending money I think efficiently and we're not artificially limiting our progress. And then despite all that we are still generating positive cash. So in light of that, it doesn't make sense to raise money because we expect to generate cash despite this growth level.

Yeah June and January puts are no brainers at this point, especially if you think this virus could have legs.

Munger on $TSLA:

"My thoughts are two: I would never buy it, and I would never sell it short.

I have a third comment...

Never underestimate the man who overestimates himself. I think Elon Musk is peculiar, he may overestimate himself, but he may not be wrong all the time."

https://youtu.be/HS8neXkNnhw?t=4358

The bulls should have a field day with that one

How do I get in on this new TSLA offering? Buy @ $767, sell at market price (currently $807). Free money.

Shuffle becoming a One Note Charlie.

Gotta love the close at 800 on a Friday. Dealers and market makers in complete control here. Still tons of open interest in calls that expire next Friday. Given that, it's hard to see this moving up next week and after the expiry...well that will be interesting.

The self promotional pumping is going to continue every week. New batteries!! New factory in Texas!! New autopilot!!

Made some solid progress today.

Target $500 (from $360), bull case $1200 (up from $650), bear case $220 (from $115)

The guy has no filter...

That tweet probably cost him at least an order of magnitude more in burnt bridges than the Funding Secured tweet did in SEC fines.

Hard to say whether it cost him anything. One of the best conmen tools is to create a mindset where you're in the cult or an outsider/insulted/untrustworthy/worthless. Look at what Musk's cult-like con did to Kelvis above, pages of spewing pure hate against Musk detractors (why?), believing him on $420 funding secured and not hearing even considering evidence that it might be a fraud. Yet others shill for him to belong in the cult/be an insider. Who does that for a stock??

His tweet let his followers know that even Bill Gates is outside the cult - even the powerful can be ostracized from the cult of Elon Cool if they buy the wrong car. It's a warning and a validation of those still inside at the same time.

It's standard conman stuff, they do it naturally after a while and don't even think about it. Most of the people who follow cults and get taken by conmen desperately want to belong and this reinforces that.

Meanwhile, yesterday $4 million in buys moved the stock up $1.2 billion in 5 minutes.

Premarket (up 7% to $920), about $30 million in net buys (<$100 million in volume before 6:55am) has moved the stock's valuation up $10 billion.

That's a 300:1 return ratio, and actually higher (closer to 10,000:1) because you get your spent money back.

It's an interesting dynamic. I once moved a billion dollar stock up 3.5% for over an hour by buying 100 shares for $400 total (I was the only buyer). It ended up in my "premarket gappers" news service. Someone has obviously figured this out...combine this premarket buying with a bunch of insane bubble chasers and dumb shorts that need to cover you have an interesting dynamic, where you can offload into the volume after open.

Let's count posts shall we? Your ******ed posts that contain anything with "fraud boy", "fake" etc vs me licking salt from soybois like you.

I didn't mean to set you off, it was just the most egregious example in this thread of how the cult programming that Musk is doing works. I have never called him "fraud boy", you're confusing me with Spiegel. I've never seen this kind of spew of tribal hate in a stock before. You were literally death-fantasy porning about short suicides, talking about entry and exit wounds. Some of the penny stock pumpers create this same effect in their followers, creating effective shills and attacks on detractors, but I've never seen in on a large cap stock. It's just a car company stock, y'know?

So yeah, I don't accept stinkypete's claim that Musk dissing Gates (or even pedo guy) was bad in the long run. It helps build and tighten the large cult that Musk has successfully created.

In mannerism and intelligence you might as well be Spiegel, so I'm sorry I got confused. Count posts that contain "fraud" then.

Kelvis,

You've never posted a single thing of value in this thread. You are emotionally invested in TSLA and 99% of your posts are "stock went up today", and take emotional offense when people say negative things.

It actually is kinda fascinating that there are so many people like you who have this visceral emotional reaction to anyone who says anything negative about this company.

I have said before, for all Elon's flaws, I hope that Elon/Tesla/Space X works out (and my retirement accounts are quite happy with the current run-up) but it is quite interesting how you take personal offense to anything negative said about Elon/Tesla, very childlike and you are in company with tons of people.

(deleted, don't even bother)

I'm curious why anyone holding this is not selling at $920.

If you are rational and holding, you either

a) Believe it will never drop much lower than now OR
b) Have a long term fundamental view and think it will go much higher than now in <5 years and choose not to care about the short term OR
c) Believe it will go lower again but think you can get out even higher, AND think it's likely enough to go higher enough (before dropping) that risking the drop is +EV

I'm curious which one the rational bulls believe.

a) can be said at any given point given a highly volatile stock, but involves a risk in getting the re-entry potentially at a loss. Of course highly volatile stocks have a high chance of getting below current level but if you said the same thing at $500, we're looking at a ~$200 premium you would have had to pay to get in again

b) my model has an EV of $4300 in the next 5 years with the assumption of about 20-40% that they manage to get FSD working within the next 2 to 3 years. If I want to get a 40% CAGR on my money I am still getting a very good price. The downside is that this EV is split between a case where they are just a car manufacturer and one that has high software margins, there isn't really much of a middle ground. 2020 is going to decide for me which direction it is going to go and how big I want my position to be going in 2021. Have to be careful because in the case of not getting FSD or autopilot not getting the additional margins we're left with the gross margins of the hardware instead of car + software. I still care about the short term because if it overshoots the base case by a lot the stock might never go much higher, if at all.

c) I believe it might go lower after Q1, and am preparing my models to trade on it if necessary. My estimates are that currently analysts are overestimating revenue and earnings and we might get a double miss.

But mostly b, if the trajectory doesn't change much then a few hundred dollar swings don't mean too much and all I need to do is manage my position size over time.

Someone trying to pump it up past $1000 where the massive open interest is for the Feb options.

Last week I was playing 2/5 NL in Detroit and two middle aged regs there were talking about Tesla and their positions, where they bought, etc. It turns out Tesla was the only investing positions they held, not even some ETFs or mutual hands, they didn't trust the rest of the market, lol. It's a purely unsophisticated degenerate gambler meme stock that has a great story upon which you can build castles in the sky.